Starbucks Beats Q3 Estimates, Raises Guidance as Turnaround Gains Steam
Starbucks reports Q3 global comparable store sales up 7.9%, beating 5.7% forecasts. North America rose 8.1% on higher transactions & ticket.
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Starbucks Builds In-House AI Tools to Cut Reliance on Microsoft, IBM, and Oracle
Starbucks aims to slash $400M in annual software spend by building its own AI tools, challenging Microsoft Dynamics, IBM TRIRIGA, and Oracle Simphony.
Starbucks Crushes Q2 2026 Earnings: 6.2% Sales Surge Beats Wall Street, Guidance Raised
Starbucks beat expectations, grew sales and profits, raised outlook, and its turnaround is working. Stock jumped on the news.
Dutch Bros and Black Rock Shares Slide as McDonald’s Enters the Beverage War
McDonald’s is adding cheap cold drinks in the U.S., attracting customers and hurting rivals like Dutch Bros and Starbucks.
Starbucks Stock Downgrade: RBC Cites Rising Labor Costs and Limited Upside Ahead
RBC Capital downgrades Starbucks to Sector Perform from Outperform, citing higher labor costs, smaller savings, and elevated growth expectations near peak valuation.
Starbucks Brews Up Strong Sales Growth Under CEO Niccol's Turnaround Plan
Starbucks (SBUX) reports 4% global same-store sales growth for Q1, beating expectations as CEO Brian Niccol's turnaround strategy gains momentum with menu simplification and improved store experience.